News for 'State Bank of India'

Bihar Polls: Non-Stop Contest For Sops

Bihar Polls: Non-Stop Contest For Sops

Rediff.com2 Oct 2025

Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.

Banks eye Rs 1 trn via infra bond issuances in FY25

Banks eye Rs 1 trn via infra bond issuances in FY25

Rediff.com27 Nov 2024

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.

Why Sensex closed at nearly two-month low on Monday

Why Sensex closed at nearly two-month low on Monday

Rediff.com29 Jul 2025

Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.

Has Modi Sacrificed Palestine For Israel Bonhomie?

Has Modi Sacrificed Palestine For Israel Bonhomie?

Rediff.com10 Sep 2025

It is high time India ends its silence on the human cost of the Gaza war and takes a principled stand without diluting its relations with Israel. A largely friendless Tel Aviv today needs New Delhi more than the other way around. India's failure now may cost it diplomatically in the long run, cautions M R Narayan Swamy.

Selling in HDFC Bank, RIL drag markets down

Selling in HDFC Bank, RIL drag markets down

Rediff.com3 Mar 2025

From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards. Reliance Industries fell the most by 2.38 per cent to close at Rs 1,171.10 apiece.

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

Zubeen death: 'Murder accused' moves SC for CBI/NIA probe

Zubeen death: 'Murder accused' moves SC for CBI/NIA probe

Rediff.com3 Oct 2025

A petition has been filed in the Supreme Court seeking transfer of the probe into the death of Assamese singer Zubeen Garg from the state police's SIT to a central agency such as the CBI or the NIA.

State Bank of India lines up $100 mn foreign buys

State Bank of India lines up $100 mn foreign buys

Rediff.com25 Feb 2006

The bank is also mulling a mega Tier 2 bond issue in June-July 2006 to support credit growth.

No other fixes or solutions...: India on war in Gaza

No other fixes or solutions...: India on war in Gaza

Rediff.com24 Jul 2025

"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Rediff.com6 Jun 2025

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems.

From Gujarat To Global Stage: Modi's 25 Year Journey

From Gujarat To Global Stage: Modi's 25 Year Journey

Rediff.com22 Oct 2025

'I disagree with much of Modi's politics, but it cannot be denied that in these years in office, he has carved more than a niche for himself in history,' points out Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Provident Fund Problems? Your Qs Answered

Provident Fund Problems? Your Qs Answered

Rediff.com13 Oct 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

Most PSBs see decline in headcount even as branches spread

Most PSBs see decline in headcount even as branches spread

Rediff.com16 Jun 2025

At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.

Don't choke liquidity: State Bank of India to RBI

Don't choke liquidity: State Bank of India to RBI

Rediff.com24 Jul 2013

SBI Chairman in the last year's banking conclave had started a debate by seeking to abolish cash reserve ratio to enhance liquidity in the banking sector for more productive use.

Sensex, Nifty end in red on rising India-Pak tensions

Sensex, Nifty end in red on rising India-Pak tensions

Rediff.com8 May 2025

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

Mehul Choksi detained in Belgium on India's extradition request

Mehul Choksi detained in Belgium on India's extradition request

Rediff.com14 Apr 2025

Absconding diamond jeweller Mehul Choksi has been detained in Belgium following an extradition request by Indian probe agencies for his alleged involvement in the Rs 13,000 crore PNB bank loan 'fraud' case, official sources said Monday. The action against the diamantaire was taken on Saturday.

SG joint venture: State Bank yet to hear from RBI

SG joint venture: State Bank yet to hear from RBI

Rediff.com11 Aug 2008

Media reports said on Monday that the regulators have rejected the JV proposal citing the violation of trading norms and security scams by SG in overseas markets. SBI had entered into an agreement with Societe Generale Securities Services, a division of Societe Generale Group, in June this year to provide a range of security services like reporting, corporate actions, dividends collection and distribution, tax reclaim services among others.

'China Is Competing In A Space Where India Was Dominant'

'China Is Competing In A Space Where India Was Dominant'

Rediff.com19 Aug 2025

'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

IPL's Valuation Hits Flat Pitch

IPL's Valuation Hits Flat Pitch

Rediff.com16 Oct 2025

The IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025.

Sensex pares losses, ends up 64 points

Sensex pares losses, ends up 64 points

Rediff.com16 Jul 2025

Among Sensex firms, Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC were the major gainers. However, Eternal, Sun Pharma, Tata Steel, Tata Motors, Bajaj Finance and Bharat Electronics were among the major laggards.

India Unlikely To Retaliate Against US

India Unlikely To Retaliate Against US

Rediff.com1 Aug 2025

India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.

Retail inflation rises marginally to 2.07% in Aug

Retail inflation rises marginally to 2.07% in Aug

Rediff.com13 Sep 2025

Retail inflation in August rose slightly to 2.07 per cent from 1.61 per cent in the preceding month, mainly due to increase in prices of vegetables, meat and fish, according to a government data released on Friday.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

US policy towards India takes 'unfortunate turn', says Kaushik Basu

US policy towards India takes 'unfortunate turn', says Kaushik Basu

Rediff.com31 Jul 2025

Former World Bank Chief Economist Kaushik Basu on Thursday said the US economic policy towards India has taken an unfortunate turn, noting that President Donald Trump's harsh stance against New Delhi appears baffling. US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods from August 1, amid signs of a stalemate in the ongoing bilateral trade negotiations between the two countries.

Now you can make final PF pension withdrawal after 3 years

Now you can make final PF pension withdrawal after 3 years

Rediff.com14 Oct 2025

The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.

Around 60% of India's uber-rich's wealth parked in realty and gold: Bernstein

Around 60% of India's uber-rich's wealth parked in realty and gold: Bernstein

Rediff.com4 Aug 2025

Around 60 per cent of India's Uber rich wealth is still parked in real estate and gold, according to a report by Bernstein. Uber rich individuals includes Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class.

Sensex decline on fag-end selling; financial stocks drag

Sensex decline on fag-end selling; financial stocks drag

Rediff.com3 Jul 2025

Among the Sensex firms, Kotak Mahindra Bank, Bajaj Finserv, Bajaj Finance, Adani Ports, Trent, State Bank of India, Titan and Tata Consultancy Services were the laggards. However, Maruti, Infosys, NTPC, Asian Paints, Eternal and Hindustan Unilever were among the biggest gainers.

'This Is Why Trump Has Scored'

'This Is Why Trump Has Scored'

Rediff.com24 Oct 2025

'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Zubeen Garg's DSP cousin arrested, suspended

Zubeen Garg's DSP cousin arrested, suspended

Rediff.com9 Oct 2025

Zubeen Garg's cousin and Assam Police DSP Sandipan Garg was apprehended on Wednesday in connection with the singer's death in Singapore last month, taking the total number of arrests in the case to five, a senior officer said.

'Conspicuously muted': Sonia Gandhi slams govt's Palestine stance

'Conspicuously muted': Sonia Gandhi slams govt's Palestine stance

Rediff.com25 Sep 2025

Congress leader Sonia Gandhi criticizes the Modi government's stance on Palestine, calling it a 'profound silence' and an abdication of humanity and morality. She argues that India needs to demonstrate leadership on the issue and that the government's actions are driven by personal friendship rather than constitutional values or strategic interests.

Global headwinds likely to show in IT firms' Q2 results

Global headwinds likely to show in IT firms' Q2 results

Rediff.com8 Oct 2025

Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year.

Robin Uthappa grilled by ED for 8 hours!

Robin Uthappa grilled by ED for 8 hours!

Rediff.com22 Sep 2025

The Enforcement Directorate questioned Robin Uthappa for over eight hours and recorded his statement in a money laundering case linked to online betting app.

Sensex sinks 573 pts on global tensions and high crude prices

Sensex sinks 573 pts on global tensions and high crude prices

Rediff.com13 Jun 2025

Sensex sinks 573 pts on global tensions and high crude prices

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

ED quizzes Sonu Sood for 7 hrs in 1xBet money laundering case

ED quizzes Sonu Sood for 7 hrs in 1xBet money laundering case

Rediff.com24 Sep 2025

Actor Sonu Sood was questioned by the Enforcement Directorate (ED) in connection with a money-laundering case linked to the online betting app 1xBet. The investigation involves several celebrities and focuses on alleged tax evasion and the duping of individuals.